Reasons for Sale

The reasons for selling a business can be divided into two main categories. The first is a sale that is planned almost from the beginning or by an owner who knows that selling is or should be a planned event. The second is exactly the opposite – unplanned; the sale is motivated by a specific event such as health, divorce, business crises, etc. … [Read more...]

You’re Experiencing Burnout, Now What?

A large percentage of business owners are not just owners, but also operators. Owning a business can be exciting and rewarding, but it is also a tremendous amount of unending work. In the end, the “buck” stops with you. With that realization comes a significant amount of stress. It goes without saying that stress can lead to burnout. A business … [Read more...]

GABB Million Dollar Club 2017 Application Due Nov. 8

The GABB is now accepting applications for the 2017 Million Dollar Club, recognizing members who have sold businesses worth at least $1 million in the previous year.  The deadline for submitting applications is Nov. 8, 2017. Awardees will be honored at the annual GABB Holiday Gala on Dec. 7 at Maggiano’s Perimeter Center. GABB members are … [Read more...]

Invest in Creating Happy Employees & You’ll Be Rewarded

The time, effort and money you invest in keeping your employees happy is well worth it for your bottom line. Oftentimes business owners fail to consider the fact that unhappy employees can, and do, negatively impact every aspect of their operation. Your employees are your front line in dealing with your customers. If your employees are not … [Read more...]

Keys to Improving the Value of Your Company

The first key is to have your accountant take a look at your accounting procedures and make recommendations on how to improve them. He or she may also help in preparing financial projections for the coming year(s). Getting your company's financial house in order is very important in establishing the value of your firm. The second key is to review … [Read more...]

GABB 2017 Fall Conference: Science of Negotiation & Number Crunching

Tuesday, Sept. 26, 9:00 a.m. to 4:00 p.m. Atlanta REALTORS® Center Enjoy a day of professional training, earn up to six hours of professional education credits, and network with other business broker professionals. All for the low price of $99 for GABB members, or $149 for non-members. But, if you join GABB, you can attend the conference at the … [Read more...]

Around the Web: A Month in Summary

A recent article posted on Business2Community.com entitled “How to Close the Deal and When to Walk Away When Buying or Selling a Business” explains the business sale process and how to differentiate between a good deal and a bad deal during the process. Closing a deal involves quite a bit of legwork, including producing a letter of intent, doing … [Read more...]